RELATED PARTY TRANSACTIONS

9 Months Ended

Jan. 31, 2015

NOTE 9 - RELATED PARTY TRANSACTIONS

The China Operations earned revenue for contracting services provided to TGG (the owner of the non-controlling interest in the China Operations) and TGG’s subsidiaries in the amount of $835,000 and $1,565,000 for the three and nine months ended January 31, 2015, respectively. There was $0 revenue from TGG for the three and nine months ended January 31, 2014. The China Operations accounts receivable due from TGG and subsidiaries was $442,000 and $0 as of January 31, 2015 and April 30, 2014, respectively.

- Definition

The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates.

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